Market News & Headlines >> No Big Surprises in Cattle Report

The Cattle on Feed report was about what was expected: The on-feed inventory for June 1 was 10.594 million head, 98% of a year earlier, against expectations for 98.4%; May placements were 1.912 million, 93% of a year ago, versus 92.4% expected and May marketings were 1.865 million or 96%.